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Energies 2017, 10(12), 2153; https://doi.org/10.3390/en10122153

The (R)evolution of China: Offshore Wind Diffusion

1
Department of Materials and Production, Aalborg University, A.C. Meyers Vænge 15, 2450 Copenhagen SV, Denmark
2
Department of Wind Energy, Technical University of Denmark, Risø Campus, Frederiksborgvej 399, 4000 Roskilde, Denmark
*
Author to whom correspondence should be addressed.
Received: 30 October 2017 / Revised: 6 December 2017 / Accepted: 13 December 2017 / Published: 16 December 2017
(This article belongs to the Section Energy Sources)
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Abstract

This research presents an industry level gap analysis for Chinese offshore wind, which serves as a way to illuminate how China may fast track industry evolution. The research findings provide insight into how the Chinese government strongly and systematically decrees state-owned Chinese firms to expand into overseas markets to speed up learning efforts. Insights are offered regarding the nation-level strategic plans and institutional support policies mobilized by China in order to be able to conquer market shares internationally by building a strong home market and then facilitating an end-to-end and fully financed export solution. This is interesting in itself and in particular so because it now also includes complex billion-dollar megaprojects such as turnkey offshore wind farm assets with an expected lifespan of 30+ years. Research findings are provided on how European and Chinese firms may successfully forge long-term alliances also for future Chinese wind energy export projects. Examples of past efforts of collaboration not yielding desired results have been included as well. At policy level, recommendations are provided on how the evolution of the Chinese offshore wind power industry can be fast-tracked to mirror the revolutionary pace, volume, and velocity which the Chinese onshore wind power industry has mustered. View Full-Text
Keywords: China; offshore wind; gap analysis; industry maturity; mergers & acquisitions; central state-owned enterprises; turnkey project export; industry evolution; industry life-cycles China; offshore wind; gap analysis; industry maturity; mergers & acquisitions; central state-owned enterprises; turnkey project export; industry evolution; industry life-cycles
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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Poulsen, T.; Hasager, C.B. The (R)evolution of China: Offshore Wind Diffusion. Energies 2017, 10, 2153.

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